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McLaren P1 sales will double turnover and quadruple profit in 2014 for McLaren
Wed, 02 Apr 2014The McLaren P1 (pictured) boosts McLaren’s profits We’re starting to see the McLaren P1 – McLaren’s modern replacement for the iconic McLaren P1 – rolling out to lucky owners, and that will continue apace during 2014. Which means McLaren will see a big rise in its turnover and an even bigger rise in profits – up four-fold – as the £866,000 P1 replenishes McLaren’s bank account. But, although it will take a while to build, deliver and get paid for all 375 P1s, the P1 won’t be a long-term cash cow for McLaren, just a nice little booster as it starts to plan to up production to 4,500 cars a year over the next few years.
New SEAT Leon SC (2013) revealed
Tue, 12 Feb 2013The new SEAT Leon SC – the 3-door sibling to the Leon – has been revealed ahead of a debut at the 2013 Geneva Motor Show in March. The new SEAT Leon SC is actually a different car from the windscreen on back, with a more steeply raked front and back screens, just the two (longer) and a shorter wheelbase – by 35mm. So although at first glance the Leon SC looks like it’s just lost a pair of doors, the job is more thorough.
Ivan 'Ironman' Stewart shifts gears, sells his stuff
Mon, 30 Aug 2010Ivan “Ironman” Stewart’s high-speed lifestyle of flying through the desert, leaving a rooster tail of dust, is taking a turn down a calmer, gentler road. Stewart, 64, is ready to slow things down and create more time for himself and his family. “I’m not retiring,” he insists, “just changing directions.” Last weekend he sold his off-road racing truck business and everything that goes along with it.